Wisr Limited (WZR:ASX)

18.5¢

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Last trade 10.33am 22/09/2020 20mins delayed

Company Overview

Wisr Limited, formerly DirectMoney Limited, is a marketplace lender that originates personal loans through its online lending platform. The Company's principal activities include writing unsecured personal loans for 3 to 5 year maturities to Australian consumers, then on-selling these loans to either the DirectMoney Personal Loan Fund (the Fund) or to institutional and wholesale investors. The Fund provides exposure to a portfolio of fixed rate, unsecured personal loans made to Australian borrowers. The Fund is a registered managed investment scheme. It offers interest rates and terms on personal loans for borrowers and provides structures for retail and institutional investors to invest in these loans. The Responsible Entity for the Fund is One Managed Investment Funds Limited. Its subsidiaries include DirectMoney Finance Pty Ltd, DirectMoney Investment Management Pty Ltd, DirectMoney Loans Servicing Pty Ltd, DirectMoney Credit Management Pty Ltd and DirectMoney Marketplace Limited.

WZR in the news

Consumer lender Wisr (WZR) is celebrating today after launching its second major…

WZR in the news

Fintech company Wisr (WZR) has reported a solid quarter of growth, with…
Australian neo-lender Wisr (WZR) has proudly reported its loan originations have returned…
Wisr (WZR) has surpassed $200 million loan originations over the March 2020…
Digital lending specialist Wisr (WZR) has seamlessly transitioned to at-home work in…